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Examples

  • Glenn Goldman , chief executive of Capital Access Network Inc., which operates the nation's largest merchant cash advance provider by market share—AdvanceMe, says dozens of smaller cash-advance providers that started entering the market in 2006 gave the industry its reputation for aggressive marketing and remittance tactics.

    The Lure of Cash Advances Angus Loten 2011

  • Wells Fargo has offered its cash-advance service since 1994, charging $1.50 for every $20 borrowed.

    Banks' Direct-Deposit Advances Spark Lending Debate Maya Jackson Randall 2011

  • During the same period, the median cash-advance and balance-transfer fees jumped by 33%.

    The New Credit-Card Tricks 2010

  • Among other things, they have revived annual fees; shortened billing cycles; levied new charges on cards with low credit limits; increased balance-transfer, cash-advance and foreign-exchange fees; and begun aggressively marketing "professional cards" not subject to the restrictions of the Card Act. For more on these, see "The New Credit Card Tricks," July 31.

    Don Jessica Silver-Greenberg 2010

  • Interra's Platinum credit card, for example, has a fixed-rate of 8.9% and a cash-advance rate of 8.9%.

    Credit Unions: A Better Bet Than Banks? 2010

  • There's a well-chronicled black market for credit card and financial account information, with the former being bigger but the latter exhibiting more potential since "the potential payout can be greater because most bank balances are higher than credit card cash-advance limits."

    James Warren: This Week in Magazines: Cybercrime, Financial Aristocrats and Snakes 2009

  • The advocacy group said more credit cards now come with minimum cash-advance fees and higher balance-transfer and foreign-transaction fees.

    What to Expect As New Rules on Credit Cards Take Effect 2009

  • Spirit AeroSystems Holdings Inc., one of Boeing's largest suppliers, said in a filing with the Securities and Exchange Commission that Boeing had agreed to provide it with cash-advance payments this year approximating the value of components that it would have delivered under the original 787 schedule.

    Boeing Delays Dreamliner Delivery Again 2008

  • Payday lenders are spending millions of dollars to back ballot initiatives that challenge state restrictions on their cash-advance practices.

    Payday Lenders Back Measures to Unwind State Restrictions 2008

  • Several Ohio banks have begun offering cash-advance programs.

    Payday Lenders Back Measures to Unwind State Restrictions 2008

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